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Sold for $465,000
  • $465,000

    633 Chickasaw Gap Way, Pigeon Forge, TN 37863

    2beds
    1,178sqft
    Single Family Residence, Residential
    Built in 2006
    -- sqft lot
    $461,500 Zestimate®
    $395/sqft
    $5,120 Estimated rent

    Home value

    $461,500

    $392,000 - $545,000

    $5,120/mo

    Zestimate® history
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    What's special

    Spread across two levelsTwo-bathroom cabinCommunity poolNew kitchen appliances
    Underperforming cabin in a high-demand Smoky Mountain location with significant revenue upside. This fully furnished 2BR/2BA short-term rental in Arrowhead is already in excellent condition, already operating, and positioned for a stronger return with better management. Seller reports $41,958 in 2025 rental income only, not including cleaning fees or the 20% management fee. Based on local performance and stronger operational strategy, projections show potential around $70,000 gross annually. Set at the end of a quiet cul-de-sac in Arrowhead, just off the Pigeon Forge Parkway, the location checks major boxes for guest demand. Easy paved access, no steep roads, city utilities, and access to a community pool all add to the property's booking appeal and help support repeatable rental performance. These are features guests actively want and management companies can market easily. Inside, the cabin offers 1,178 square feet, 2 bedrooms, and 2 full baths across two levels. Recent improvements include new tile showers in both bathrooms, new kitchen appliances, and new living room furniture. It shows well, feels updated, and does not require a renovation budget to get it competitive. This is a strong opportunity for an investor looking for a turn-key cabin with proven rental history and clear room to improve returns. The value here is not in taking on a heavy renovation project, but in stepping into a well-maintained asset and improving performance through stronger pricing strategy, better marketing, broader platform exposure, and more effective day-to-day management. With the right approach, this property has the potential to produce substantially more than it is currently generating, making it especially appealing for buyers focused on cash flow, efficiency, and long-term performance in a proven vacation rental market. Want more information? Financials, projections, and a video tour are all available upon request, just ask!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeana Maddux 423-584-9466,

    eXp Realty, LLC 7720

    Bought with:

    Danielle McRoberts, 372217

    eXp Realty, LLC 7720

    Source: GSMAR, GSMMLS,MLS#: 309900MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: Laundry Closet
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room, High Speed Internet, Soaking Tub
    • Flooring: Luxury Vinyl, Wood
    • Basement: Crawl Space,Dirt Floor
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    • Furnished: Yes
    Interior area
    • Total structure area: 1,178
    • Total interior livable area: 1,178 sqft
    • Finished area above ground: 1,178
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Porch
    • Pool features: In Ground, Community, Association
    Details
    • Parcel number: 094G E 00100 027
    • Zoning: C-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence, Residential
    Materials
    • Log Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pool
    • Security: Smoke Detector(s)
    • Subdivision: Arrowhead Resort
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Pool
    • Services included: Roads
    • HOA fee: $141 monthly
    • HOA name: Arrowhead Home Owners
    • HOA phone: 864-430-8368
    Location
    • Region: Pigeon Forge

    Financial & listing details

    • Price per square foot: $395/sqft
    • Tax assessed value: $292,900
    • Annual tax amount: $1,927
    • Date on market: 1/25/2026
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/15/2026Sold$465,000-6.1%$395/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    4/8/2026Pending sale$495,000$420/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    3/26/2026Price change$495,000-1%$420/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    3/17/2026Price change$500,000-1%$424/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    3/13/2026Price change$505,000-0.8%$429/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    2/24/2026Price change$509,000-1%$432/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    2/10/2026Price change$514,000-0.2%$436/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    1/25/2026Listed for sale$515,000-5.7%$437/sqft
    Source: GSMAR, GSMMLS #309900 Report a problem
    12/3/2021Sold$546,000+9.2%$463/sqft
    Source: East Tennessee Realtors #1171301 Report a problem
    10/26/2021Pending sale$499,900$424/sqft
    Source: GSMAR, GSMMLS #245673 Report a problem
    10/21/2021Listed for sale$499,900+47.5%$424/sqft
    Source: GSMAR, GSMMLS #245673 Report a problem
    3/16/2020Sold$339,000-0.3%$288/sqft
    Source: Public Record Report a problem
    2/26/2020Pending sale$339,900$289/sqft
    Source: CENTURY 21 MVP #227036 Report a problem
    2/24/2020Listed for sale$339,900+54.6%$289/sqft
    Source: CENTURY 21 MVP #227036 Report a problem
    4/23/2018Sold$219,900$187/sqft
    Source: Public Record Report a problem
    3/1/2018Listed for sale$219,900$187/sqft
    Source: RE/MAX PREFERRED PROPERTIES, INC #207367 Report a problem
    2/16/2018Pending sale$219,900$187/sqft
    Source: RE/MAX PREFERRED PROPERTIES, INC #207367 Report a problem
    6/23/2017Price change$219,900+2.3%$187/sqft
    Source: RE/MAX Preferred Properties, Inc #207367 Report a problem
    1/24/2017Listed for sale$214,900$182/sqft
    Source: RE/MAX Preferred Properties, Inc #207367 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,928 $117,160
    2024$1,928 $117,160
    2023$1,928 +60%$117,160 +60%
    2022$1,205 $73,225
    2021-- $73,225 +108.5%
    2020$724 +10.8%$35,125
    2019$653 -9.7%$35,125
    2018$724 -0.1%$35,125
    2017$724 +0.1%$35,125
    2016$723 $35,125 -8%
    2015-- $38,200 0%
    2014$699 $38,211
    2013$699 $38,211
    2012$699 $38,211
    2011$699 $38,211
    2010-- $38,211 -33.2%
    2009$952 $57,198
    2008$952 $57,198
    2007$952 +13.7%$57,198
    2006$837 -17.9%$57,198
    2005$1,021 +472%$57,198 +472%
    2004$178 +13.3%$10,000
    2002$157 $10,000
    Find assessor info on the county website

    Neighborhood: 37863

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    Estimated market value
    $461,500
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    Estimated market value
    $461,500